NCT:

Your contention that there are too many races to fill nationwide is
intriguing to me. Without access to the necesary data, my guess would be that we
are running about the same number of races that we were 25 years ago, with a
slightly larger foal crop.

Again without having or having access to the necessary data, I would say that
in those same 25 years purse money has increased at a greater rate than the cost
of supporting a racehorse.

Because of the purse structure, trainers/owners have the option of resting
animals with slight injuries, whereas 25 years ago these runners had to be held
together and raced 12- 18 times per year to earn their keep.

Just shows how complex a game this is, if high purses are part of the
problem.

So many problems facing this Sport/ Business right now, especially here in
your old stomping grounds. Right now New York racing reminds me of George
Costanza's onion: "The more layers you peel away, the more it stinks".